First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) Announces Quarterly Dividend of $0.20

First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Get Free Report) declared a quarterly dividend on Thursday, December 11th. Stockholders of record on Friday, December 12th will be given a dividend of 0.1996 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, December 12th. This is a 34.2% increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY traded down $0.77 during trading hours on Friday, reaching $69.90. 459,988 shares of the company’s stock traded hands, compared to its average volume of 1,136,405. First Trust Rising Dividend Achievers ETF has a twelve month low of $50.27 and a twelve month high of $70.71. The business’s fifty day simple moving average is $67.46 and its two-hundred day simple moving average is $65.10. The firm has a market capitalization of $18.27 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10.

About First Trust Rising Dividend Achievers ETF

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The First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund tracks an index of 50 large-cap stocks with rising, high-quality dividends. RDVY was launched on Jan 6, 2014 and is managed by First Trust.

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